Question 1

What is XHY?

Accepted Answer

XHY — iShares U.S. High Yield Bond Index ETF (CAD-Hedged) — is a Canadian-listed ETF trading on the TSX. NA

Question 2

What is the XHY ETF price today?

Accepted Answer

XHY last traded at $16.35 CAD on the TSX. See the price chart above for recent performance.

Question 3

What is the XHY MER (management expense ratio)?

Accepted Answer

XHY has a management expense ratio (MER) of 0% per year. This fee is automatically deducted from the fund's assets, so you never pay it directly — but it does reduce your net returns over time. At 0%, XHY is considered a low-cost ETF.

Question 4

What are XHY annualised returns?

Accepted Answer

XHY historical returns: YTD: -1.86%, 1-year: +3.48%, 3-year annualised: +6.64%, 5-year annualised: +2.77%, 10-year annualised: +3.68%. Past performance is not a guarantee of future results. The 3-year Sharpe ratio is 0.76, which measures risk-adjusted return.

Question 5

Does XHY pay dividends or distributions?

Accepted Answer

Yes, XHY distributes income to unitholders. The current distribution yield is approximately 6.15%, paid monthly. Distributions may include dividends, interest, capital gains, or return of capital depending on the fund's holdings. In a TFSA or RRSP, distributions are sheltered from tax.

Question 6

What does XHY invest in?

Accepted Answer

XHY's top holdings include T-Mobile US, Inc. 7.88% (null, 0.4%), TransDigm, Inc. 6.25% (null, 0.4%), Ford Motor Company 8.5% (null, 0.3%), Centene Corporation 4.63% (null, 0.3%), AAdvantage Loyalty IP Ltd/ American Airlines Inc 5.5% (null, 0.3%) — and 5 more positions. See the full Top 10 Holdings table above for a complete breakdown. The fund tracks the Morningstar Gbl HY Bd GR CAD.

Question 7

What sectors does XHY invest in?

Accepted Answer

XHY's largest sector exposures are Basic Materials (0.0%), Consumer Cyclicals (0.0%), Financial Services (0.0%). The full sector breakdown is shown in the Sector Weights table on this page.

Question 8

How large is XHY? (Assets under management)

Accepted Answer

XHY has approximately $1.12B in assets under management (AUM). Larger AUM generally means better liquidity, tighter bid-ask spreads, and a lower risk of the fund being wound down.

Question 9

When was XHY launched?

Accepted Answer

XHY was launched on January 21, 2010, giving it a 16-year track record. A longer history makes it easier to evaluate how the ETF performs across different market cycles.

Question 10

How do I buy XHY in Canada?

Accepted Answer

XHY trades on the TSX under the ticker XHY. You can buy it through any Canadian brokerage, including Wealthsimple Trade (commission-free), Questrade, TD Direct Investing, RBC Direct, and CIBC Investor's Edge. It can be held in a TFSA, RRSP, FHSA, or taxable account.

Question 11

How risky is XHY?

Accepted Answer

XHY has a 1-year volatility of 2.20% and a beta of 0.26 (less volatile than the broad market). Its 3-year Sharpe ratio of 0.76 indicates moderate risk-adjusted returns. As with all market-linked investments, past volatility does not predict future risk.

Date	Open	High	Low	Close	Adj Close	Volume
2026-07-20	$16.33	$16.35	$16.31	$16.35	$16.35	74,109
2026-07-17	$16.33	$16.34	$16.31	$16.32	$16.32	18,437
2026-07-16	$16.31	$16.35	$16.31	$16.33	$16.33	13,520
2026-07-15	$16.32	$16.36	$16.32	$16.34	$16.34	45,011
2026-07-14	$16.32	$16.32	$16.29	$16.31	$16.31	34,705
2026-07-13	$16.28	$16.31	$16.27	$16.28	$16.28	14,523
2026-07-10	$16.32	$16.33	$16.31	$16.32	$16.32	21,848
2026-07-09	$16.33	$16.35	$16.32	$16.34	$16.34	18,500
2026-07-08	$16.32	$16.32	$16.28	$16.31	$16.31	23,033
2026-07-07	$16.34	$16.36	$16.34	$16.34	$16.34	24,918

#	Name	Weight
1	T-Mobile US, Inc. 7.88%	0.41%
2	TransDigm, Inc. 6.25%	0.39%
3	Ford Motor Company 8.5%	0.34%
4	Centene Corporation 4.63%	0.33%
5	AAdvantage Loyalty IP Ltd/ American Airlines Inc 5.5%	0.32%
6	Ford Motor Company 9%	0.32%
7	Caesars Entertainment Inc New 6.25%	0.30%
8	Teva Pharmaceutical Finance Netherlands III B.V. 3.15%	0.30%
9	AAdvantage Loyalty IP Ltd/ American Airlines Inc 5.75%	0.28%
10	American Airlines, Inc. 11.75%	0.28%

Sector	Weight
Basic Materials	0.00%
Consumer Cyclicals	0.00%
Financial Services	0.00%
Real Estate	0.00%
Communication Services	0.00%
Energy	0.00%
Industrials	0.00%
Technology	0.00%
Consumer Defensive	0.00%
Healthcare	0.00%
Utilities	0.00%

iShares U.S. High Yield Bond Index ETF (CAD-Hedged) (XHY : TSX)

CIBC Investor's Edge

Price Chart (30 Days)

Key Statistics

Recent Price History

Annualised Returns

Top 10 Holdings

Sector Weights

About iShares U.S. High Yield Bond Index ETF (CAD-Hedged)

ETF Details

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Frequently Asked Questions — XHY